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Approve Agreement with HdL Coren & Cone <br />January 19, 2021 <br />Page 3 <br />Quarterly reporting of appeal filings, transfers of ownerships, and the median and average <br />sale prices for single family residential properties. <br />FISCAL IMPACT <br />Previously, the City charged the cost of service to the revenue account in the General <br />Fund, and reflected a net revenue number. To provide greater clarity going forward, staff <br />will report the gross revenue and an offsetting expenditure for the cost of service. The <br />summary table below includes the base contract fees, the allowances for contingency, <br />and the optional extension years for a potential grand total of $206,250 associated with <br />this contract. <br />Accounting <br />Accounting <br />Fi cal <br />Unit - <br />Fun'd <br />Unit;- <br />� <br />� � <br />� <br />Total <br />Year <br />Account <br />De criptidn <br />Account <br />Amount <br />Contingency <br />Amount <br />No. <br />o. <br />Description <br />FMSA <br />2020- <br />01110130- <br />General <br />Treasury <br />Contract <br />$11,625 <br />$15,000 <br />$26,625 <br />21 <br />62300 <br />Fund <br />Services - <br />Professional <br />FMSA <br />2021- <br />01110130- <br />General <br />Treasury <br />Contract <br />$23,250 <br />$15,000 <br />$38,250 <br />22 <br />62300 <br />Fund <br />Services - <br />Professional <br />FMSA <br />2022- <br />01110130- <br />General <br />Treasury <br />Contract <br />$23,250 <br />$15,000 <br />$38,250 <br />23 <br />62300 <br />Fund <br />Services - <br />Professional <br />FMSA <br />2023- <br />01110130- <br />General <br />Treasury <br />Contract <br />$23,250 <br />$15,000 <br />$38,250 <br />24 <br />62300 <br />Fund <br />Services - <br />Professional <br />FMSA <br />2024- <br />01110130- <br />General <br />Treasury <br />Contract <br />$23,250 <br />$15,000 <br />$38,250 <br />25 <br />62300 <br />Fund <br />Services - <br />Professional <br />2025- <br />01110130- <br />General <br />FMSA <br />$11,625 <br />$15,000 <br />$26,625 <br />26 <br />62300 <br />Fund <br />Treasury <br />